Other Financial Advantages

Buying a home is one of the smartest purchases you can ever make. One reason is that home ownership has many positive tax implications. The three most important sources of tax savings for home owners is the:
Deductions for Mortgage Interest
Deductions for Real Estate Taxes
Capital Gain Exclusion for the Sale of a Principal Residence

The deductions for mortgage interest and real estate taxes reduce the annual cost of
home ownership by reducing the home owner’s tax liability each year.

To learn more please read Homeownership Tax Advantages.